New Delhi, April 10 Jaypee Group founder Jaiprakash Gaur on Friday backed the lenders' decision to select the Adani Group as the winning bidder to acquire the assets of the bankrupt Jaiprakash Associates Ltd (JAL).In a statement, Gaur said that the committee of creditors has selected the Adani...
adani group
allahabad
asset acquisition
bankruptcy
committee of creditors (coc)
corporateinsolvency
financial transactions
gautam adani
india
insolvency proceedings
jaiprakash associates ltd (jal)
jaiprakash gaur
jaypee group
national company law tribunal (nclt)
nclat
New Delhi, March 25 The introduction of the Insolvency and Bankruptcy Code (IBC) has led to the recovery of over ₹4 lakh crore in the last decade through the resolution of bankrupt companies, senior BJP MP Anurag Thakur said in the Lok Sabha on Wednesday.Participating in the debate on the...
New Delhi, March 25 The Insolvency and Bankruptcy Code has failed to achieve its intended purpose, as tribunals with limited capacity have been unable to ensure timely resolution of matters, opposition members said in the Lok Sabha on Wednesday.Participating in the debate on the Insolvency and...
asset recovery
bankruptcy
corporateinsolvency
creditor recovery
financial law
government policy
india
insolvency and bankruptcy code
legal disputes
liquidation
lok sabha
national company law tribunal (nclt)
resolution process
select committee
tribunal delays
New Delhi, March 22 The Vedanta Group, a major business conglomerate, has approached the National Company Law Appellate Tribunal (NCLAT), challenging the National Company Law Tribunal (NCLT)'s approval of Adani Group's bid to acquire Jaiprakash Associates Ltd for ₹14,535 crore.The Vedanta...
adani group
bankruptcy
cement manufacturing
corporateinsolvency
engineering & construction
gautam adani
india
insolvency resolution process (irp)
jaiprakash associates ltd
national company law appellate tribunal
nclat
nclt allahabad bench
real estate
resolution plan
vedanta group